STOCK TITAN

[Form 4] Reddit, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Reddit (RDDT) insider activity: On 10/23/2025, the Chief Operating Officer reported multiple transactions. An option to buy 30,659 shares at $5.35 was exercised, followed by open‑market sales of 30,659 Class A shares in several tranches at weighted average prices between $200.98 and $204.84. After these direct transactions, the executive held 1,295,968 shares directly.

Separately, an affiliated trust (MorMa Trust dated June 22, 2021) sold a total of 8,467 Class A shares in several trades at weighted average prices between $200.55 and $204.46, leaving 103,099 shares held indirectly by the trust. The sales were made under a Rule 10b5‑1 trading plan adopted on May 16, 2025.

Attività degli insider di Reddit (RDDT): Il 23/10/2025 il Chief Operating Officer ha riportato molteplici operazioni. Un'opzione per acquistare 30.659 azioni a 5,35 $ è stata esercitata, seguita da vendite sul mercato aperto di 30.659 azioni Class A in diverse tranche a prezzi medi ponderati tra 200,98 $ e 204,84 $. Dopo queste operazioni dirette, l'esecutivo deteneva direttamente 1.295.968 azioni.

In separata sede, un trust affiliato (MorMa Trust datato 22 giugno 2021) ha venduto un totale di 8.467 azioni Class A in diverse operazioni a prezzi medi ponderati tra 200,55 $ e 204,46 $, lasciando 103.099 azioni detenute indirettamente dal trust. Le vendite sono state effettuate ai sensi di un piano di negoziazione Rule 10b5-1 adottato il 16 maggio 2025.

Actividad de insiders de Reddit (RDDT): El 23/10/2025, el Director de Operaciones reportó múltiples transacciones. Se ejerció una opción para comprar 30.659 acciones a 5,35 $, seguida de ventas en el mercado abierto de 30.659 acciones Clase A en varias tranchas a precios medios ponderados entre 200,98 $ y 204,84 $. Después de estas transacciones directas, el ejecutivo tenía 1.295.968 acciones en forma directa.

Por separado, un fideicomiso afiliado (MorMa Trust con fecha de 22 de junio de 2021) vendió un total de 8.467 acciones Clase A en varias operaciones a precios medios ponderados entre 200,55 $ y 204,46 $, quedando 103.099 acciones en forma indirecta en poder del fideicomiso. Las ventas se realizaron bajo un plan de negociación Rule 10b5‑1 adoptado el 16 de mayo de 2025.

Reddit (RDDT) 내부자 활동: 2025년 10월 23일 최고운영책임자(COO)가 다수의 거래를 보고했습니다. 30,659주를 5,35달러에 매수할 수 있는 옵션이 행사된 후, 여러 차례에 걸쳐 30,659주의 Class A 주식을 공개시장 매도하였으며 가중평균가가 200.98달러에서 204.84달러 사이였습니다. 이러한 직거래 후 임원은 직접 보유한 주식이 1,295,968주였습니다.

또한 제휴된 신탁(MorMa Trust, 2021년 6월 22일자) 은 총 8,467주를 여러 거래에서 매도했으며 가중평균가가 200.55달러에서 204.46달러 사이였고 신탁이 간접 보유한 주식은 103,099주로 남았습니다. 이 매매는 2025년 5월 16일에 채택된 Rule 10b5‑1 거래 계획에 따라 이뤄졌습니다.

Activité des initiés Reddit (RDDT) : Le 23/10/2025, le Directeur des opérations a signalé plusieurs transactions. Une option d'achat de 30 659 actions à 5,35 $ a été exercée, suivie de ventes sur le marché libre de 30 659 actions de classe A par plusieurs tranches à des cours moyens pondérés entre 200,98 $ et 204,84 $. Après ces transactionsDirectes, le dirigeant détenait directement 1 295 968 actions.

Separément, une fiducie affiliée (MorMa Trust daté du 22 juin 2021) a vendu un total de 8 467 actions de classe A lors de plusieurs transactions à des cours moyens pondérés entre 200,55 $ et 204,46 $, laissant 103 099 actions détenues indirectement par la fiducie. Les ventes ont été réalisées dans le cadre d'un plan de négociation Rule 10b5‑1 adopté le 16 mai 2025.

Reddit (RDDT) Insideraktivität: Am 23.10.2025 meldete der Chief Operating Officer mehrere Transaktionen. Eine Option zum Kauf von 30.659 Aktien zu 5,35 $ wurde ausgeübt, gefolgt von offenen Verkäufen von 30.659 Class A-Aktien in mehreren Tranchen zu gewogenen Durchschnittspreisen zwischen 200,98 $ und 204,84 $. Nach diesen direkten Transaktionen hielt der Manager direkt 1.295.968 Aktien.

Getrennt verkaufte ein assoziierter Trust (MorMa Trust vom 22. Juni 2021) insgesamt 8.467 Class A-Aktien in mehreren Transaktionen zu gewogenen Durchschnittspreisen zwischen 200,55 $ und 204,46 $, wodurch 103.099 Aktien indirekt vom Trust gehalten wurden. Die Verkäufe erfolgten im Rahmen eines Rule 10b5‑1-Handelsplans, der am 16. Mai 2025 angenommen wurde.

نشاط مطلعين Reddit (RDDT): في 23/10/2025، أبلغ رئيس التشغيل عن عدة تعاملات. تم تنفيذ خيار لشراء 30,659 سهمًا بنحو 5.35 دولار، تلاه بيع في السوق المفتوح لـ 30,659 سهم من فئة A على عدة شرائح بأسعار وزنية متوسطة بين 200.98 دولار و204.84 دولار. بعد هذه المعاملات المباشرة، كان التنفيذي يمتلك 1,295,968 سهمًا بشكل مباشر.

وبشكل منفصل، باع تثبيت (MorMa Trust بتاريخ 22 يونيو 2021) ما مجموعه 8,467 سهمًا من فئة A في عدة صفقات بأسعار وزنية متوسطة بين 200.55 دولار و204.46 دولار، مما ترك 103,099 سهمًا مملوكة بشكل غير مباشر من قبل الثقة. تم البيع وفقًا لخطة تداول Rule 10b5‑1 المعتمدة في 16 مايو 2025.

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Attività degli insider di Reddit (RDDT): Il 23/10/2025 il Chief Operating Officer ha riportato molteplici operazioni. Un'opzione per acquistare 30.659 azioni a 5,35 $ è stata esercitata, seguita da vendite sul mercato aperto di 30.659 azioni Class A in diverse tranche a prezzi medi ponderati tra 200,98 $ e 204,84 $. Dopo queste operazioni dirette, l'esecutivo deteneva direttamente 1.295.968 azioni.

In separata sede, un trust affiliato (MorMa Trust datato 22 giugno 2021) ha venduto un totale di 8.467 azioni Class A in diverse operazioni a prezzi medi ponderati tra 200,55 $ e 204,46 $, lasciando 103.099 azioni detenute indirettamente dal trust. Le vendite sono state effettuate ai sensi di un piano di negoziazione Rule 10b5-1 adottato il 16 maggio 2025.

Actividad de insiders de Reddit (RDDT): El 23/10/2025, el Director de Operaciones reportó múltiples transacciones. Se ejerció una opción para comprar 30.659 acciones a 5,35 $, seguida de ventas en el mercado abierto de 30.659 acciones Clase A en varias tranchas a precios medios ponderados entre 200,98 $ y 204,84 $. Después de estas transacciones directas, el ejecutivo tenía 1.295.968 acciones en forma directa.

Por separado, un fideicomiso afiliado (MorMa Trust con fecha de 22 de junio de 2021) vendió un total de 8.467 acciones Clase A en varias operaciones a precios medios ponderados entre 200,55 $ y 204,46 $, quedando 103.099 acciones en forma indirecta en poder del fideicomiso. Las ventas se realizaron bajo un plan de negociación Rule 10b5‑1 adoptado el 16 de mayo de 2025.

Reddit (RDDT) 내부자 활동: 2025년 10월 23일 최고운영책임자(COO)가 다수의 거래를 보고했습니다. 30,659주를 5,35달러에 매수할 수 있는 옵션이 행사된 후, 여러 차례에 걸쳐 30,659주의 Class A 주식을 공개시장 매도하였으며 가중평균가가 200.98달러에서 204.84달러 사이였습니다. 이러한 직거래 후 임원은 직접 보유한 주식이 1,295,968주였습니다.

또한 제휴된 신탁(MorMa Trust, 2021년 6월 22일자) 은 총 8,467주를 여러 거래에서 매도했으며 가중평균가가 200.55달러에서 204.46달러 사이였고 신탁이 간접 보유한 주식은 103,099주로 남았습니다. 이 매매는 2025년 5월 16일에 채택된 Rule 10b5‑1 거래 계획에 따라 이뤄졌습니다.

Activité des initiés Reddit (RDDT) : Le 23/10/2025, le Directeur des opérations a signalé plusieurs transactions. Une option d'achat de 30 659 actions à 5,35 $ a été exercée, suivie de ventes sur le marché libre de 30 659 actions de classe A par plusieurs tranches à des cours moyens pondérés entre 200,98 $ et 204,84 $. Après ces transactionsDirectes, le dirigeant détenait directement 1 295 968 actions.

Separément, une fiducie affiliée (MorMa Trust daté du 22 juin 2021) a vendu un total de 8 467 actions de classe A lors de plusieurs transactions à des cours moyens pondérés entre 200,55 $ et 204,46 $, laissant 103 099 actions détenues indirectement par la fiducie. Les ventes ont été réalisées dans le cadre d'un plan de négociation Rule 10b5‑1 adopté le 16 mai 2025.

Reddit (RDDT) Insideraktivität: Am 23.10.2025 meldete der Chief Operating Officer mehrere Transaktionen. Eine Option zum Kauf von 30.659 Aktien zu 5,35 $ wurde ausgeübt, gefolgt von offenen Verkäufen von 30.659 Class A-Aktien in mehreren Tranchen zu gewogenen Durchschnittspreisen zwischen 200,98 $ und 204,84 $. Nach diesen direkten Transaktionen hielt der Manager direkt 1.295.968 Aktien.

Getrennt verkaufte ein assoziierter Trust (MorMa Trust vom 22. Juni 2021) insgesamt 8.467 Class A-Aktien in mehreren Transaktionen zu gewogenen Durchschnittspreisen zwischen 200,55 $ und 204,46 $, wodurch 103.099 Aktien indirekt vom Trust gehalten wurden. Die Verkäufe erfolgten im Rahmen eines Rule 10b5‑1-Handelsplans, der am 16. Mai 2025 angenommen wurde.

نشاط مطلعين Reddit (RDDT): في 23/10/2025، أبلغ رئيس التشغيل عن عدة تعاملات. تم تنفيذ خيار لشراء 30,659 سهمًا بنحو 5.35 دولار، تلاه بيع في السوق المفتوح لـ 30,659 سهم من فئة A على عدة شرائح بأسعار وزنية متوسطة بين 200.98 دولار و204.84 دولار. بعد هذه المعاملات المباشرة، كان التنفيذي يمتلك 1,295,968 سهمًا بشكل مباشر.

وبشكل منفصل، باع تثبيت (MorMa Trust بتاريخ 22 يونيو 2021) ما مجموعه 8,467 سهمًا من فئة A في عدة صفقات بأسعار وزنية متوسطة بين 200.55 دولار و204.46 دولار، مما ترك 103,099 سهمًا مملوكة بشكل غير مباشر من قبل الثقة. تم البيع وفقًا لخطة تداول Rule 10b5‑1 المعتمدة في 16 مايو 2025.

Reddit (RDDT) 内幕交易活动: 2025年10月23日,首席运营官报告了多笔交易。以5.35美元买入30,659股的期权被执行,随后在公开市场以加权平均价格介于200.98美元和204.84美元之间的若干笔成交,卖出30,659股A类股。完成这些直接交易后,该高管直接持有1,295,968股。

另外,一个关联信托(MorMa Trust,成立于2021年6月22日)以若干笔交易以加权平均价格介于200.55美元和204.46美元之间,出售了共计8,467股A类股,信托间接持有的股数为103,099股。这些出售是在2025年5月16日通过的10b5-1交易计划下进行。

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wong Jennifer L.

(Last) (First) (Middle)
C/O REDDIT, INC.
303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/23/2025 S 3,601(1) D $201.03(2) 107,965 I By MorMa Trust dated June 22, 2021
Class A Common Stock 10/23/2025 S 3,700(1) D $202.12(3) 104,265 I By MorMa Trust dated June 22, 2021
Class A Common Stock 10/23/2025 S 965(1) D $203(4) 103,300 I By MorMa Trust dated June 22, 2021
Class A Common Stock 10/23/2025 S 201(1) D $204.46(5) 103,099 I By MorMa Trust dated June 22, 2021
Class A Common Stock 10/23/2025 M 30,659 A $5.35 1,326,627 D
Class A Common Stock 10/23/2025 S 11,213(1) D $200.98(6) 1,315,414 D
Class A Common Stock 10/23/2025 S 13,246(1) D $201.9(7) 1,302,168 D
Class A Common Stock 10/23/2025 S 4,800(1) D $202.84(8) 1,297,368 D
Class A Common Stock 10/23/2025 S 800(1) D $204.02(9) 1,296,568 D
Class A Common Stock 10/23/2025 S 600(1) D $204.84(10) 1,295,968 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $5.35 10/23/2025 M 30,659 (11) 06/12/2028 Class A Common Stock 30,659 (11) 305,794 D
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
2. The sales were executed in multiple trades at prices ranging from $200.55 to $201.50. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (10) to this Form 4.
3. The sales were executed in multiple trades at prices ranging from $201.64 to $202.62.
4. The sales were executed in multiple trades at prices ranging from $202.64 to $203.60.
5. The sales were executed in multiple trades at prices ranging from $203.70 to $204.63.
6. The sales were executed in multiple trades at prices ranging from $200.45 to $201.44.
7. The sales were executed in multiple trades at prices ranging from $201.45 to $202.44.
8. The sales were executed in multiple trades at prices ranging from $202.45 to $203.44.
9. The sales were executed in multiple trades at prices ranging from $203.45 to $204.35.
10. The sales were executed in multiple trades at prices ranging from $204.58 to $205.15.
11. The stock option is fully vested and currently exercisable.
Remarks:
/s/ Julie Rogers, Attorney-in-Fact 10/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Reddit (RDDT) COO report on Form 4?

An exercise of 30,659 stock options at $5.35 and open‑market sales of 30,659 Class A shares on 10/23/2025, plus separate trust sales totaling 8,467 shares.

What are the COO’s direct holdings after the transactions?

Direct beneficial ownership is 1,295,968 Class A shares after the reported transactions.

What are the indirect holdings after the trust’s sales?

The MorMa Trust held 103,099 Class A shares indirectly after selling 8,467 shares.

At what prices were the direct sales executed?

Weighted average prices ranged from $200.98 to $204.84 across several tranches on 10/23/2025.

At what prices did the trust sell shares?

Weighted average prices ranged from $200.55 to $204.46 in multiple trades on 10/23/2025.

Was there a trading plan in place for these sales?

Yes. The sales were effected pursuant to a Rule 10b5‑1 trading plan adopted on May 16, 2025.

Were the options fully vested?

Yes. The stock option was fully vested and currently exercisable, with an expiration date of 06/12/2028.
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